Additional requirements:

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Provide evidence of a secure annual income of at least €50,000. This required annual income increases by €15,000 for the spouse and €10,000 for every minor child. This income can come from; wages for work, pensions, stock dividends, interest on deposits, or rent. Income verification must be the individual’s relevant tax return declaration, from the country in which he/she declares tax residence. In the situation where the applicant wishes to invest as per investment option A, the income of the spouse of the applicant may also indonesia mobile database be taken into consideration. In calculating the applicant’s total income where he or she chooses to invest as per the options B, C or D, his/her total income or part of it may also arise from sources originating from activities within the Republic of Cyprus, provided that it is taxable in the Republic of Cyprus. In such cases, the income of the spouse of the applicant may also be taken into consideration.

Other Criteria

The applicant and their spouse must certify that they do not intend to be employed in the Republic of Cyprus except for their employment, as Directors in a company, in which they have chosen to invest within the framework of this policy.